MicroStrategy and several
Indian companies have been added to
MSCI indexes. Meanwhile,
Seatrium, along with other Singapore stocks slumped after they were removed from the MSCI index.
MicroStrategy was also added to the MSCI World Stock Index, amidst a
Bitcoin rally which could be a major development for the crypto market. MSCI published its
quarterly index review results showing that four more Romanian companies were included and Taiwan's weighting was adjusted. MSCI's shifting of indices has the potential to boost inflows to India by
$2 billion. However, MSCI’s Q1 revenue missed estimates due to various subscription cancellations. MSCI also removed a swath of China stocks from its indexes as the markets sink, reflecting on the ongoing stock market rout in China. While, the American Battery Technology Company was added to the MSCI Micro-Cap Index, indicating growing acceptance of cryptocurrency in mainstream finance.
Msci Stocks MSCI News Analytics from Wed, 09 Aug 2023 07:00:00 GMT to Thu, 16 May 2024 16:03:33 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
